Hi FSMOne,

I am a Malaysian that has an account in FSMOne. Recently I started to look into China A-shares listed in SSE due to their low price. But I have some doubt on the charges and taxes on selling the shares. Let say I sold a China(listed in SSE) originally price at 1000 CNY and gained a net capital appreciation of 1000 CNY. How much of that gross 2000 CNY will be credited to my account?

From your website I am expected to pay 40 CNY processing fee, 0.05% stamp duty, Exchange Handling Fee 0.00341%, exchange securities 0.002% , and Exchange Transfer Fee 0.003%. This mean that I will get a net transfer of 1958.83 CNY, am I right? Or the capital gain I got for selling the share is also subject to China capital gain tax of 20%, which mean that the net profit credited to my account is only a mere 1758.83 CNY?

Appreciate if you can correct me if my understanding is wrong. Thank you.

Hope you can assist me as I am not sure whether it is worth to invest in SSE.

No. For stocks/ETF., you can only invest in Bursa, SGX, SSE, SZE, HKEX, NYSE, NASDAQ and BATS. Although FSM has their strengths(offering various mutual funds/bonds/multi-currency accounts with interests), it is not my first choice for stock trading due to its high fees.